Retail for sale

6498 Fraser Street, Fraser VE, Vancouver

$8,100,000 or
Retail for sale in Fraser VE, Vancouver, Vancouver East, 6498 Fraser Street, 224964703 | Realtylink.org
$8,100,000 or

Retail for sale

6498 Fraser Street, Fraser VE, Vancouver

Features

Lifestyle
224964703 8100000 /en/retail~for-sale~fraser-ve-vancouver/224964703?view=Summary /en/retail~for-sale~fraser-ve-vancouver/224964703/photos 49.2256700000 -123.0903900000 true
Year Built
1955
Floor Area
7,500 sqft
Lot Size
7,597 sqft
Gross Property Tax
$65,241.50 /year
Building Type
Freestanding
Zoning
C2
Subject Property Width
66 ft
Subject Property Depth
115.1 ft
Amenities
Air Conditioning, Secured Building, Storefront, Washrooms Female/Male
93

Description

This rare, professionally maintained and managed, standalone investment property sits on the corner of a major commercial intersection at 49th Avenue and Fraser Street in Vancouver. It features a long-term, hassle-free triple-net lease agreement with a AAA tenant, Scotia Bank leasing both floors. With robust underlying land value surrounded by other banks, businesses, and a historically stable and vibrant walking traffic and transit focused community, this property presents a predictable, generational investment opportunity with once in a lifetime redevelopment upside. With its flourishing growth and economic expansion, the Faser area has emerged as one East Vancouver’s most coveted neighborhoods. This property provides the timely opportunity to enjoy the rewards of the area's soon to be planned redevelopment and resulting economic upside at today's lower prices with strong cashflow in the meantime. Please contact Eric or Aman for further details on this promising investment opportunity.
MLS® Number C8059634

Listing REALTORS®

Eric Wu, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Eric Wu

REALTOR®, Personal Real Estate Corporation

Oakwyn Realty Ltd.

Aman Khurana, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Aman Khurana

REALTOR®, Personal Real Estate Corporation

Oakwyn Realty Ltd.

Oakwyn Realty Ltd.,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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